What is a degen in gambling?
The short answer
Short for degenerate. Someone who bets on everything compulsively.
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In plain English
Someone who bets on everything, all the time, regardless of whether there is an edge. Said fondly by bettors about themselves and less fondly by everyone else.
What to remember about Degen
The definition
Short for degenerate. Someone who bets on everything compulsively.
In plain English
Someone who bets on everything, all the time, regardless of whether there is an edge. Said fondly by bettors about themselves and less fondly by everyone else.
Example in context
"Full degen mode — I'm betting Korean baseball at 3am."
Check yourself
Term quiz
Check yourself: Degen
1.Degen is short for…
2.The word is often used jokingly. What separates the joke from the real thing?
3.What should someone do if betting has stopped feeling optional?
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